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May 5 (Reuters) - Standing in a field of corpses, Russian mercenary boss Yevgeny Prigozhin on Friday published an expletive-ridden video personally blaming top defence chiefs for losses suffered by his Wagner Group fighters in Ukraine. Prigozhin appeared next to dozens of bloodied corpses that he said were those of Wagner fighters. His expletives were bleeped out in the video published by his press service. Those responsible would go to hell, Prigozhin shouted, before saying that Wagner's losses would be five times smaller if it was adequately supplied. In recently weeks, Prigozhin had refrained from public attacks on Shoigu, even as he continued to suggest that deliberate ammunition shortages had exacerbated Wagner casualty figures.
Wagner boss Yevgeny Prigozhin went ballistic on the Kremlin in an expletive-laden video on Thursday. He lashed out at Russia's defense minister and a top general, blaming them for a lack of ammo. He swore at least nine times in the video, though his press service censored the expletives. In 2022, the Wagner Group drew scandal for recruiting Russian convicts to fight in Ukraine, promising the prisoners their freedom. Russia's defense ministry press service did not immediately respond to Insider's request for comment sent outside regular business hours.
As his warplanes rain strikes on the capital and his troops battle the paramilitary Rapid Support Forces of rival general Mohamed Hamdan Dagalo, known as Hemedti, Burhan has shown no inclination to compromise. A career soldier in his 60s who served Bashir loyally for decades, Burhan rose through the ranks in wars in South Sudan and Sudan's Darfur region. Hemedti, whose powerful RSF had operated alongside the army during the war in Darfur, stepped in as Burhan's deputy on the council. They accuse him and other military leaders of killing protesters and say his coup was aimed at prolonging army rule, charges he denies. In a grim precursor to their new conflict against each other, the army and RSF are accused of grotesque war crimes including massacres and rapes during the Darfur war.
May 4 (Reuters) - Carvana Co (CVNA.N) said on Thursday that it expects to post a profit in the current quarter and plans to further bring down excess used-car inventory as the retailer sharpens its focus on cutting costs, sending its shares surging 26% in aftermarket trading. The company also reported a smaller-than-expected loss, benefiting from cost cuts. The debt-laden company cut its inventory and slashed advertising expenses to inch closer to profitability and attain positive free cash flow. Carvana said its adjusted earnings before interest, taxes, depreciation, and amortization, (EBITDA) are expected to be positive in the second quarter. "It is clear our strategy and execution are working as evidenced by our 61% increase in gross profit per unit, the best first quarter GPU in company history," said Garcia.
Factbox: Sudan's history of coups, wars and instability
  + stars: | 2023-05-03 | by ( ) www.reuters.com   time to read: +3 min
The commanders of the army and paramilitary Rapid Support Forces, who shared power as part of an internationally backed transition to democratic rule, have shown no sign of compromise. Here are some major episodes of political turmoil and conflict in Africa's third largest country:* 1985. President Jaafar Nimeiri, who seized power in a coup in 1969, is ousted after a popular uprising. A conflict in Sudan's western Darfur region flares, pitting rebels against government forces backed by a militia known as "Janjaweed", which roughly means "devils on horseback". This is followed by a period of rising tension between the army and civilian politicians over the transition to democratic rule.
Throughout the height of COVID, carmakers got used to getting high prices. But some carmakers might limit their inventory to keep supply down and prices up. Since recovering from COVID-related plant shutdowns and an extended shortage of chips required for today's tech-laden cars, companies like Ford, General Motors, and Stellantis have finally seen more cars head to dealer lots. But they got used to selling vehicles for high prices with minimal inventory on their lots. But shoppers shouldn't necessarily see some automaker's low inventory as a signal of high demand for a vehicle that they'd have to pay big dollars to compete on.
MAUR, Switzerland—In this land of cheese and chocolate, children are being schooled in the more subtle pleasures of eating mealworms, locusts and crickets. On a recent morning, students at a middle school outside Zurich gathered around a table laden with snacks made of insects. They quickly scooped up spiced mealworms, crickets dusted with paprika, and crackers made with flour from ground-up crickets.
There are supports, but a magician hid some of them in floor-to-ceiling bookcases and threaded others through wisteria-laden trellises. Though labeled Midcentury Modern, his houses are nothing like the better known Midcentury Modern works of architects like Richard Neutra, which are composed of flat, white surfaces. And, though labeled organic, they are nothing like the better-known organic works of Frank Lloyd Wright, which tend to hug the ground. Mr. Davis’s houses aren’t flat, or white, or low. They soar, in a style that Hans Baldauf, the author of a new book about Mr. Davis, calls “wood expressionism.” Mr. Davis himself liked to call his approach Forgotten Modern.
American Airlines pilots vote to authorize strike
  + stars: | 2023-05-01 | by ( ) www.reuters.com   time to read: +2 min
May 1 (Reuters) - A union representing American Airlines Group Inc (AAL.O) pilots said on Monday its members had approved a strike mandate ahead of the busy summer travel season, although the chances of an actual labor disruption remain slim. The Allied Pilots Association (APA), which represents 15,000 American Airlines pilots, held a strike authorization vote in April to put pressure on the Texas-based carrier for higher salary and better working conditions, even as the two sides closed in on an agreement in principle. More than 96% of the APA membership participated in the vote and over 99% voted in favor of authorizing a strike, the union said in a statement. The finish line is in sight," American Airlines said in a statement. The airline's pilots received their last pay increase in 2019.
All three major U.S. stock indexes advanced, but a drop in Amazon.com (AMZN.O) shares capped the Nasdaq's gains. The pan-European STOXX 600 index (.STOXX) rose 0.56% and MSCI's gauge of stocks across the globe (.MIWD00000PUS) gained 0.66%. REUTERS/Lucas Jackson/File Photo 1 2 3Emerging market stocks rose 0.50%. MSCI's broadest index of Asia-Pacific shares outside Japan (.MIAPJ0000PUS) closed 0.52% higher, while Japan's Nikkei (.N225) rose 1.40%. The dollar index rose 0.13%, with the euro down 0.08% toat $1.1018.
US confiscates Iran oil cargo on tanker amid Tehran tensions
  + stars: | 2023-04-28 | by ( ) www.reuters.com   time to read: +3 min
As oil markets remain jittery, the cargo seizure is the latest escalation between Washington and Tehran after years of sanctions pressure by the U.S. over Iran's nuclear program. Tehran says its nuclear program is for civilian purposes while Washington suspects Iran wants to develop a nuclear bomb. Iran has previously responded tit-for-tat following seizures of Iranian oil cargo." Last year the U.S. tried to confiscate a cargo of Iranian oil near Greece, which prompted Tehran to seize two Greek tankers in the Gulf. In a step likely to exacerbate tensions, 12 U.S. senators on Thursday urged President Joe Biden to remove Treasury Department policy hurdles that have prevented the Department of Homeland Security from seizing Iranian oil shipments for more than a year.
But the election of his successor, Ferdinand Marcos Jr, last year has returned relations to a more even keel, in part because Manila has become wary of a more assertive China. Last year the US granted $100 million to boost the Southeast Asian country’s defense capabilities and military modernization. Heydarian added that China has to rethink its strategy towards the Philippines, as the Marcos Jr administration is openly more aligned with the US. China remains one of the top trade partners of the Philippines, while Marcos Jr also continues to negotiate energy and agriculture investments from Beijing. Some worry Marcos Jr might be giving too much access to the US, especially when it comes to bases and facilities close to Taiwan, Heydarian said.
HONG KONG, April 27 (Reuters) - Embattled property developer China Evergrande Group (3333.HK) will get a signal on Thursday of the level of creditor backing for its offshore debt restructuring proposal, with investors to be given an incentive for early support. While some major creditors have already agreed to support the restructuring proposal, others are eager to cut ties with the debt-laden company and move on. The proposal requires approval from more than 75% in creditor value in each debt class in order to pass. A Chinese institutional investor said the restructuring terms were unappealing but his firm planned to accept the offer because its holding was small and it could not see a better option to quickly wrap up dealings and move on. Houlihan Lokey's Gale said the restructuring terms were more complex than other property sector deals because Evergrande had "a lot of voices and a fragmented holder base".
[1/2] A surveillance camera is seen near the logo of the China Evergrande Group at the Evergrande Center in Shanghai, China, September 24, 2021. REUTERS/Aly Song/File PhotoHONG KONG, April 27 (Reuters) - Embattled property developer China Evergrande Group (3333.HK) said on Thursday it would extend the deadline for receiving an incentive for its debt restructuring proposal to May 18 as the company disclosed levels of support from offshore debt-holders for its proposal. Evergrande said that 77% holders of class-A debts and 30% holders of class-C debts have submitted their respective support for the restructuring proposal, among others. While some major creditors have already agreed to support the restructuring proposal, others are eager to cut ties with the debt-laden company and move on. Houlihan Lokey's Gale said the restructuring terms were more complex than other property sector deals because Evergrande had "a lot of voices and a fragmented holder base".
HONG KONG, April 27 (Reuters) - China Evergrande Group (3333.HK) will get a signal on Thursday of the level of creditor backing for its offshore debt restructuring proposal, with investors to be given an incentive for early support. While some major creditors have already agreed to support the restructuring proposal, others are eager to cut ties with the debt-laden property developer and move on. WHAT DOES THE OFFSHORE DEBT RESTRUCTURING PROPOSAL OFFER? The equity-linked instruments will be backed by the group and its two Hong Kong-listed companies, Evergrande Property Services Group (6666.HK) and Evergrande New Energy Vehicle Group (0708.HK). Evergrande established a risk-management committee in December 2021 that included officials from state companies to assist in its debt and asset restructuring.
Unlike the chubby, fluffy image of her younger self, 22-year-old Ya Ya has appeared skinny in recent photos, with her black and white coat missing clumps of fur. But Le Le died suddenly of heart disease in early February, further fueling suspicions of mistreatment. Throughout the past weeks, Ya Ya regularly appeared as a top trending topic on Weibo, each time attracting hundreds of millions of views. Allegations of mistreatmentWhen Ya Ya and Le Le arrived at Memphis in 2003, it was a huge deal for the city. A petition by Panda Voices to bring Ya Ya and Le Le back to China on change.org has garnered 193,000 signatures.
That’s why I dismiss predictions — fashionable, even at some of these networks — that cable news is doomed to irrelevancy. Mr. Carlson’s reach made him an unelected leader of the Republican Party, someone the House majority leader, Kevin McCarthy, had to propitiate. An entire ecosystem of far-right sites and social networks eagerly waited to promote Mr. Carlson’s episodes each night. Bush, has called Mr. Murdoch’s machine the “Fox brainwashing operation” rather than Fox News. Lemon called it the “Fox propaganda network” because he didn’t think it was accurate to call it news anymore.
Opinion | Tucker Carlson’s Firing by Fox News
  + stars: | 2023-04-25 | by ( ) www.nytimes.com   time to read: +1 min
To the Editor:Re “Fox News Ousts Carlson, a Voice of the Far Right” (front page, April 25):Tucker Carlson’s firing by Fox News is being covered as big news (everywhere except, of course, at Fox News). The coverage includes speculation about whether the firing heralds a change of direction for Fox News away from peddling sensationalist conspiracy theories to its primary audience. Fox News’s business model involves presenting sensationalist, conspiracy-laden fodder to appeal to America’s angry, frightened right wing. This has been so whether the characters have been named Glenn Beck, Sean Hannity, Bill O’Reilly or Tucker Carlson. The actor Tucker Carlson has been fired by Fox News, but nobody should assume that Fox News has abandoned the character that he played on TV.
[1/5] Internally displaced Congolese Muslim women attend Eid al-Fitr prayers in the Munigi camp site near Goma in the North Kivu province of the Democratic Republic of Congo, April 21, 2023. At the Munigi camp in the compound of a mosque outside the city of Goma, hundreds live in makeshift tents crowned by rugs or plastic sheets to keep out the rain. Eid marks the end of Ramadan, when Muslims fast during sunlight hours, when Muslims fast during sunlight hours. We are happy, we thank God," she said. But in the Munigi camp people of both religions live side by side.
CNN —President Joe Biden was the toast of Ireland last week, as he was treated to a hero’s welcome in a pageant-laden return to his ancestral home. Biden, who is expected to formalize his plans next week, has a significant body of achievements on which to run. So is the absence of a real primary challenge simply the luck of the Irish? Perhaps with that primary battle in mind, Biden has worked assiduously to court the progressive wing of the party, from which such Democratic primary challenges generally arise. Finally, there is former President Donald Trump, whose candidacy is a boost to Biden among Democrats.
"Zombie" companies are facing a year of pain ahead, according to think tank expert Sonya Gibbs. Gibbs pointed to higher interest rates, which could strain finances at overborrowed firms. But higher rates are necessary to correct major problems in the market, she added. In the short term though, higher rates are going to cause a lot of pain," Gibbs warned. Other market observers have raised similar concerns as the Fed continues to raise interest rates.
WeWork receives non-compliance notice from NYSE
  + stars: | 2023-04-18 | by ( ) www.reuters.com   time to read: +1 min
April 18 (Reuters) - WeWork Inc (WE.N) said on Tuesday that it had received a non-compliance notice from the New York Stock Exchange, as its stock closed below $1 on average over a consecutive 30 trading-day period. Shares of the flexible workspace provider were down 2% at 48 cents in aftermarket trade. The notice will not result in immediate de-listing and the company will have six months to regain compliance, WeWork said. The company benefited from a pandemic-driven shift to flexible work outside traditional offices but has been feeling the impact from mass layoffs across the tech sector. WeWork shares have fallen 65% year to date, resulting in a market capitalization of $360.9 million, according to Refinitiv data.
April 18 (Reuters) - WestJet Airlines pilots on Tuesday voted for possible strike action as early as May 16, underscoring broader efforts by North American pilots to make gains on salary and working conditions as traffic rises. Pilots at Onex Corp's (ONEX.TO) WestJet Group, Canada's second-largest carrier, could strike or be locked out if notice is given on May 13, union representative Bernard Lewall said. Participating pilots voted 93% in favor of strike authorization, said Lewall, chair of the local union with the Air Line Pilots Association (ALPA). Calgary-based WestJet said the carrier wants an agreement that is competitive within Canada's airline industry. Their union, the Allied Pilots Association, is also holding a strike authorization vote that concludes on April 30.
SYDNEY, April 16 (Reuters) - Fifty climate change activists were charged with unlawful protest near Australia's biggest coal export port on Sunday after protesters climbed on a coal train. Climate activist group Rising Tide, which claimed responsibility for the protest, said arrests were made when people were "occupying the train". "Twenty of the group scaled the train and used shovels to unload coal from the laden wagons," it said in a statement. Climate change is a divisive issue in Australia, the world's top exporter of coal. The protest group posted an image on Twitter showing protesters in front and on top of a coal train.
The leak represents the worst military intelligence breach in roughly a decade. To them, Teixeira is a martyr for revealing the truth about the stalemated war in Ukraine to the American people. "Tonight, the news media are celebrating the capture of the kid who told Americans what's actually happening in Ukraine," Carlson said. The leaks could hurt Ukraine on the battlefieldThe leak of the documents allegedly perpetrated by Teixeira represents the worst US military intelligence breach in roughly a decade. The secret documents offered details on US spying on friends and foes alike, many of which pertained to the war in Ukraine.
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